OneCoin scammer indicted on $400 million money laundering charge

After seemingly little no progress on the regulatory front for some time, a key OneCoin insider has been indicted on a money laundering charge in the US.

Mark Scott was indicted by federal grand jury on August 21st, on money laundering charges related to the OneCoin Ponzi scheme.

On the same day Scott was indicted, a warrant was also issued for his arrest. Authorities apprehended Scott on September 5th.

Scott’s indictment follows a joint FBI and DOJ investigation. According to a filed affidavit in support of his arrest, Scott has been charged with Conspiracy to commit money laundering.

Mark Scott is a licensed attorney in Florida. As is typical of the scheme, Scott is alleged to have laundered OneCoin investor funds through several shell companies.

In addition to MSS International Consultants, registered in the British Virgin Islands, Scott laundered funds and brought property in the US through “133 Sunset Lane Acquisition Limited” and MSSI 31 Dale Avenue Property Group LLC.

MSSI 31 Dale Avenue Property Group was used to purchase a $3.7 million dollar mansion in Hyannis Port, Massachusetts in 2017.

Federal prosecutors allege Scott laundered around $400 million dollars in stolen investor funds, with the aim of

conceal(ling) and disguis(ing) the nature, location, source, ownership, and control of the proceeds of specified unlawful activity (in relation to) a pyramid scheme involving a purported cryptocurrency known as “OneCoin”.

The indictment observes transactions of OneCoin investor funds between entities based in the US and abroad.

The indictment also contends that Scott should forfeit to the federal government any property or money traceable to the money laundering offense, and that if any such property or money cannot be found, has been sold or has been diminished in value, the government should seek forfeiture of other property belonging to Scott up to the full amount of what should be turned over.

Following his arrest, Scott was transported to the Southern District of New York.

The New York case docket reveals sealed filings in the case against Scott were first filed on October 17th, 2017. Dates specified in the indictment are from 2016 to present.

When exactly US authorities began investigating OneCoin is as of yet unclear.

One possibility is that several filings still under seal in Scott’s criminal case docket, may contain information on related cases against other individuals.

On September 10th, Scott’s $2.5 million bail was posted and he was released on strict travel conditions, including surrender of travel documents and home detention with electronic monitoring.

When authorities arrived at Scott’s Massachusetts home to serve the warrant, they found his wife with an infant ‘and an unsecured weapon on an end table in the vicinity of the child‘.

Oz:
Taking bets on how Igor Krnic is going to scamsplain his way out of this one…

I doubt anybody will even mention it on Igor’s forum.

But if they do, then my guess is the explanation will be something in the lines of “nothing to do with OneCoin company, nobody from the company arrested! This is just another piece of hater propaganda!”.

New DealShaker should have PayPal integrated. I wonder what PayPal will think, being a US company, about being integrated in OneCoin’s platform considering there’s now OneCoin related 400 million USD money laundering case in US federal court..

Something else to consider: it took the seizure of less than $50 mill to kill off OneCoin in China, the biggest market at the time.

If the US can track and seize a decent percentage of the $400 mill Scott laundered, yeah there’s not going to be any coming back from that.

I also recall Melanie mentioning a recent Uganda event was cancelled. Probably more of that on the way too, although Konstantin might persist a while longer in countries he’s not worried about getting extradited from.

Hey guys this is Konstantin and I’m soooooooooo happy to be sharing this event with you.

We’re coming live from the middle of a desert somewhere! There are thousands of us here but due to new KYC laws in *kerflegerflemumble* I can’t show you their faces.

I also left out Sal Leto, Maruice Katz and Steve Gotberg who were trying to get a deal between iPro Network and OneCoin so US citizens could participate and get paid.

If my memory is correct, Maurice flew to Bulgaria to meet with Ruja and the team. A deal could not be worked out, but if it had, Ruja was going to give them the database so they could know who in the US was in OneCoin.

When it fell through, they were telling people to go offshore and register so they could participate and wouldn’t be blocked by OC for logging in and new people joining. I have no doubt that many did exactly that.

I have to wonder if Tom McMurrain isn’t a little scared about now with these charges being filled because of his participation at a senior level in OC.

Oz:
Taking bets on how Igor Krnic is going to scamsplain his way out of this one…

Unpleasant questions and facts ignored Igor Krnic of course! Here is a current example.

Since Igor Krnic knows my name, I have asked my sister to send him an e-mail again. Does anyone wonder that the chief excuse officer has not answered the e-mail yet? To protect my sister, I have removed her address:

NOLINK://share-your-photo.com/39ad3a7802

Explanation: In the past, Krnic answered all the e-mails he received about my sister!

The millions stolen by Ruja and Konstantin must somehow be washed. Maybe Ruja’s husband Björn Strehl wants to help her with his company Matunos GmbH, founded in March 2017.

I quote from his website:

Welcome to the Matunos GmbH.

We invest in real estate.

As long-term investors in residential and commercial real estate, we are always interested in new investment opportunities. Our specialty is to bring real estate with legal or structural problems back to the front.

Because we love real estate. And not just since yesterday.

Also, banks and other creditors who want to sell their real estate secured claims find in us a partner and investor who can help them further.

NOLINK://share-your-photo.com/9227869b85

The website matunos.de is completely unprofessional. No real estate agent would go public like that. No landline phone, just a mobile number and so on …

In the German commercial register one recognizes that this “company” was founded with only 25,000 euros. That is the minimum sum for the establishment of a German GmbH.

Considering all the ongoing unofficial events, I wonder if this scam continues to roll on its own after Konstantin leaves the office?

IIRC some Indian OneCoin scammers had first bought the “educational package”, then “mined” the coins (that for their face value would be worth 10x what they paid) and then the scammers sold beginner accounts where coins were moved, charging by the face value of the coin, earning their investment back in multiples.

It was much more profitable than selling the packages for the networking bonuses and could be done as long as the backoffice server is still running, even if OneCoin Ltd. no longer would have any activity left.

When people start to abuse a scam systerm for additional scams, we’re getting to some interesting stuff. 😀

The famous Dealshaker merchant that sells 5-10 year old jeans has opened last 181 deals for sale today. Once the affiliates rush in to exchange their worthless ponzi-coins to something that has a non-zero real world value, the shop should be out of stock in no time.

I wonder what they will come up with next to keep the victims under the illusion that one day they could get their money back?

Well, a Bulgarian reporter wrote an article (NOLINK:capital.bg/biznes/kompanii/2018/09/24/3314860_amerikanski_advokat_e_arestuvan_za_prane_na_400_mln/) about Mark Scott’s arrest and sent a list of questions to OC to answer.

They replied Mark Scott has nothing to do with OneCoin, OneCoin is not a Ponzi and has no revenue from MLM.

Their typical response anytime an action is taken against OC and their IMA’s or negative news stories.

Interesting isn’t it that when real companies are charged with something they don’t come out and immediately claim they are not a Ponzi like OC always does. But then I am just a hater so what do I know?

New Onecoin investment tanked in 2017 and whatever amount they’re still laundering (mostly through bitcoin I gather) isn’t anywhere near the $400 mill Mark S. Scott hid for them during OneCoin’s prime.

Not withstanding OneCoin has disavowed anyone caught (arrested affiliates in India and China come to mind).

Anyway, I look forward to Scott calmly explaining to prosecutors he had no relationship with OneCoin in his defense.

After which they’ll probably commend him and go out for beers hey. #inbe4 this gets copy and pasted onto some desperate schmucks Facebook page.

Otto: The famous Dealshaker merchant that sells 5-10 year old jeans has opened last 181 deals for sale today.

@Otto

Old jeans are boring! I buy on 10 October 2020 a new notebook for 20,30 ONE. From the Philippines. Self-organized shipping. If the DealShitter portal still exists. You can also buy a new notebook. Not immediately, but from October 10, 2018. There are still 5,000 available!

Interestingly enough vast majority of the lucrative “100% on OneCoin” deals are dated to open on 8th of October 2018 (or soon after). That is the date OneCoin was supposed to “go public”. This includes notebooks, iPhones and Kralev Cars.

(I think I should gather a bunch of links to the actual deals so I could follow what happens to them after October 8th. My guess is that the links will all of a sudden give 404 error.)

On January 8, 2019, all participants who bought OFCs can convert them into ONEs. This means that the Onecoin is used and traded publicly.

Strictly speaking, the present offer differs from the traditional initial coin offerings, as it is not initial but the coin becomes publicly available to open the secondary market to people who wish to acquire ONE outside the OneLife network.

A big plus is the fact that ONE has already established a global user base of more than 3 million people, a strong and recognizable brand and online e-commerce platform that ONE can leverage. Detailed information can be found at w.w.w.onecoin.eu

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